Coupang CPNG Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 118.9%+8.9pp | 109.9%+10.9pp | 99%+19.5pp | 79.5%+14.5pp | |
| Operating margin | 7.7%+2.9pp | 4.8%— | —— | —— | |
| Returns | |||||
| Return on invested capital | 59.3%-31.0pp | 90.3%— | —— | —— | |
| Efficiency | |||||
| Asset turnover | 8×-0.4× | 8.4×-0.7× | 9.1×-0.2× | 9.3×— | |
| Liquidity | |||||
| Current ratio | 4.3×-0.2× | 4.6×-0.1× | 4.7×-0.2× | 4.8×-0.6× | |
| Leverage | |||||
| Debt-to-equity | 3.9×+0.3× | 3.6×+0.4× | 3.2×-0.8× | 4.1×+1.6× | |
| Net debt / EBITDA | -7.8×+4.9× | -12.7×— | —— | —— | |
| Per Share | |||||
| Book value per share | $9.94+11.1% | $8.94+30.5% | $6.86+39.6% | $4.91-59.5% | |
| Valuation | |||||
| Market capitalization | $193.95B+26.8% | $153B+28.8% | $118.82B+8.7% | $109.28B-57.5% | |
| Price / sales | 5.9×+0.4× | 5.5×+0.2× | 5.2×-0.2× | 5.5×-11.0× | |
| Price / book | 42×+4.3× | 37.7×-2.1× | 39.8×-10.8× | 50.6×-43.6× | |
| EV / EBITDA | 164.5×-46.0× | 210.5×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Coupang's profit margins?
- Coupang (CPNG) runs a 28.8% gross margin and a 0.2% operating margin, with a 1.2% net margin.
- Where do Coupang's ratios come from?
- Every ratio is computed from Coupang's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
